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Tom Lee's Bitmine Continues to Buy Ethereum Hand Over Fist. Should Crypto Investors Be Doing the Same?

The digital-asset treasury company bought 42,373 ETH in eight days and remains underwater on holdings valued at $10.9 billion as of May 31.

Summary by The Motley Fool
Tom Lee's bet on Ethereum keeps getting bigger.

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According to Bitmine Chairman Tom Lee, the second-largest cryptocurrency, Ethereum, still has enormous price potential. However, Bitcoin also needs to play along. Source: BTC-ECHO

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According to Bitmine Chairman Tom Lee, the second largest cryptocurrency Ethereum still has enormous price potential. However, Bitcoin also has to play along. Source: BTC-ECHO BTC-ECHO

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Tom Lee, co-founder of Fundstrat, believes that Ethereum can reach $6,000 if Bitcoin reaches $150,000. The ether today quotes about $2,500. The entry Prediction price Ethereum: Tom Lee projects $6,000 if Bitcoin reaches $150,000 aparece primero en Merca2.

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Cryptocurrency News | Cryptocurrency Prices | Market Cap broke the news on Saturday, August 29, 2026.
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